Posts Tagged 'European Union'

As an American exporter, I have pretty much given up on relying on President Barack Obama to carry through on his promises to spur American trade. He promised to double exports by 2015, but that promise is languishing.

In fact, the Economic Policy Institute notes that “while the U.S. trade deficit in petroleum goods declined $34.8 billion (10.7 percent), the U.S. trade deficit in non-petroleum goods increased $35.3 billion (8.8 percent). Growing goods trade deficits have eliminated millions of U.S. ...